Impala Platinum Holdings Limited (OTCMKTS:IMPUY) Short Interest Down 71.5% in February

Impala Platinum Holdings Limited (OTCMKTS:IMPUY) was the recipient of a large drop in short interest in February. As of February 15th, there was short interest totalling 266,100 shares, a drop of 71.5% from the January 31st total of 933,400 shares. Based on an average daily volume of 260,900 shares, the days-to-cover ratio is currently 1.0 days.

Impala Platinum Stock Performance

Shares of Impala Platinum stock traded down $0.09 during trading on Friday, reaching $4.86. The company’s stock had a trading volume of 179,016 shares, compared to its average volume of 154,808. The company has a quick ratio of 1.43, a current ratio of 3.00 and a debt-to-equity ratio of 0.02. Impala Platinum has a 1-year low of $3.09 and a 1-year high of $7.30. The company has a 50-day simple moving average of $5.22 and a two-hundred day simple moving average of $5.51.

About Impala Platinum

Impala Platinum Holdings Limited engages in the mining, processing, concentrating, refining, and sale of platinum group metals (PGMs) and associated base metals. The company produces platinum, palladium, rhodium, nickel, and by-products, as well as ruthenium, iridium, and gold. It has operations on the PGM-bearing orebodies, including the Bushveld Complex located in South Africa; and the Great Dyke situated in Zimbabwe, as well as the Canadian Shield.